IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Apr 2015 | Removal date: 01 Apr 2021
Still in force

State loan

On 1 April 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 42 million (USD 13.3 million at the time of the measure) loan allocated to the local mining company Copelmi Mineracao Ltda. The objective of these resources is to finance a project to produce synthetic natural gas in the Rio Grande do Sul region.

The repayment deadline for the credit has been set to 1 April 2021.


FINEP lending
The resources enclosed on the programs managed by FINEP are limited to Brazilian companies and seek to boost the national and international competitiveness of these businesses.

The interest rates set on the credit lines are composed of the long-term interest rate (TJLP) plus a supplement ranging between 1.5% and 7%, depending on the credit line and the repayment period.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

120 Crude petroleum & natural gas
2711 Petroleum gases and other gaseous hydrocarbons.
271111 Natural gas
271121 Natural gas

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